The population of a town increased from 175000 to 262500 in a decade. The average percent increase of population per year is?
33.33%
5%
8.75%
6%
A
6%
B
8.75%
C
33.33%
D
5%
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Solution
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Percentage increase in population in 10 years =(262500−175000)175000×100=50%
Thus, average increase in population per year = 5%
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